2-bedroom flat · NR14 8FD
For saleListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £140,000 - £145,000. A well-presented two-bedroom first floor apartment with allocated parking and additional communal parking, forming part of a modern development built by Hopkins Homes.
The property offers spacious and well-proportioned accommodation throughout, ideal for first-time buyers or investors.
Location Mulbarton is a popular south Norfolk village set just six miles or so south of Norwich.
The village is well served with a range of local facilities including a Co-op, post office/general store, school, village hall, public houses, doctors/dental surgeries, dispensing chemists and alternative medicine practitioners.
The center of Mulbarton has a vast area of ancient common and duck ponds.
The village is very well placed for access to the A47, A11 and A140 and is ideal for those working in Norwich but wanting a more rural lifestyle.
The Property A stylish and well-appointed two-bedroom first-floor apartment, offering an excellent opportunity for first-time buyers or investors.
Constructed by the highly regarded Hopkins Homes, the property is set within a sought-after residential development and benefits from a secure communal entrance with an intercom entry system for added peace of mind.
The accommodation is thoughtfully arranged and comprises a welcoming entrance hall, two generous double bedrooms, a bright and spacious lounge/dining room ideal for both relaxing and entertaining, and a well-equipped fitted kitchen.
The apartment further benefits from electric heating throughout.
Combining comfort, security, and convenience in an attractive setting, this impressive apartment presents a superb lifestyle opportunity and a strong investment prospect in a popular and well-established location.
Outside The apartment enjoys the added benefit of a communal garden, creating an attractive outdoor area for residents to relax and unwind.
The property also includes an allocated parking space, ensuring convenient parking and added practicality for everyday living.
Services Mains electricity, mains water, mains drainage How to get there What3words: ///reserves.remit.argued Viewing By appointment with TW Gaze Leasehold 125 years from 2008 Ground Rent £115 Service Charges £1271 per annum Council Tax: South Norfolk band A Anti-Money Laundering, Terrorist Financing and Transfer of funds Regulations 2017.
In line with the regulations, TW Gaze are legally required to carry out aml due diligence checks on all proposed legal purchasers involved in the transaction.
A charge of £25.00 + VAT (£30.00 Inc VAT) processing fee is applicable for each purchaser once an acceptable offer is agreed. Ref: 2/20235
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 51, Ryefield Road, Mulbarton
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